Chief Compliance Officer

0000897069-24-000248.txt : 20240206 0000897069-24-000248.hdr.sgml : 20240206 20240206170253 ACCESSION NUMBER: 0000897069-24-000248 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20231231 FILED AS OF DATE: 20240206 DATE AS OF CHANGE: 20240206 EFFECTIVENESS DATE: 20240206 FILER: COMPANY DATA: COMPANY CONFORMED NAME: LEUTHOLD GROUP, LLC CENTRAL INDEX KEY: 0001170152 ORGANIZATION NAME: IRS NUMBER: 411971243 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-10174 FILM NUMBER: 24601077 BUSINESS ADDRESS: STREET 1: 150 SOUTH FIFTH STREET STREET 2: SUITE 1700 CITY: MINNEAPOLIS STATE: MN ZIP: 55402 BUSINESS PHONE: 6123329141 MAIL ADDRESS: STREET 1: 150 SOUTH FIFTH STREET STREET 2: SUITE 1700 CITY: MINNEAPOLIS STATE: MN ZIP: 55402 FORMER COMPANY: FORMER CONFORMED NAME: LEUTHOLD WEEDEN CAPITAL MANAGEMENT DATE OF NAME CHANGE: 20100217 FORMER COMPANY: FORMER CONFORMED NAME: LEUTHOLD WEEDEN CAPITAL MANAGEMENT LLC DATE OF NAME CHANGE: 20020328 13F-HR 1 primary_doc.xml X0202 13F-HR LIVE 0001170152 XXXXXXXX 12-31-2023 12-31-2023 false LEUTHOLD GROUP, LLC

150 SOUTH FIFTH STREET SUITE 1700 MINNEAPOLIS MN 55402

13F HOLDINGS REPORT 028-10174 N Glenn Larson Chief Compliance Officer 612-332-9141 /s/ Glenn Larson MINNEAPOLIS MN 02-06-2024 0 174 799198297 INFORMATION TABLE 2 informationtable.xml A10 Networks, Inc. COM 002121101 194192 14745 SH SOLE 14745 0 0 Aberdeen Standard Bloomberg Al BBRG ALL COMD K1 003261104 782667 40427 SH SOLE 40427 0 0 Adobe Inc. COM 00724F101 5911709 9909 SH SOLE 9909 0 0 AerCap Holdings NV SHS N00985106 5132019 69053 SH SOLE 69053 0 0 AGCO Corp. COM 001084102 1744783 14371 SH SOLE 14371 0 0 Akamai Technologies Inc. COM 00971T101 6756602 57090 SH SOLE 57090 0 0 Allison Transmission Holdings COM 01973R101 2541271 43702 SH SOLE 43702 0 0 Alphabet Inc. CAP STK CL A 02079K305 13597704 97342 SH SOLE 97342 0 0 Amdocs Ltd. SHS G02602103 320007 3641 SH SOLE 3641 0 0 Amkor Technology Inc. COM 031652100 416474 12518 SH SOLE 12518 0 0 Andersons Inc. COM 034164103 297482 5170 SH SOLE 5170 0 0 APA Corp. COM 03743Q108 448966 12513 SH SOLE 12513 0 0 Apple Inc. COM 037833100 18221039 94640 SH SOLE 94640 0 0 Applied Materials Inc. COM 038222105 15078182 93035 SH SOLE 93035 0 0 ArcelorMittal SA ADR NY REGISTRY SH 03938L203 293467 10337 SH SOLE 10337 0 0 Archer Daniels Midland Co. COM 039483102 497379 6887 SH SOLE 6887 0 0 Axis Capital Holdings Ltd SHS G0692U109 292630 5285 SH SOLE 5285 0 0 Baker Hughes Company CL A 05722G100 4650018 136045 SH SOLE 136045 0 0 Banco Santander S.A. ADR 05964H105 327072 79003 SH SOLE 79003 0 0 Barclays PLC ADR 06738E204 219285 27828 SH SOLE 27828 0 0 Boise Cascade Co. Del COM 09739D100 3266599 25252 SH SOLE 25252 0 0 Brady Corporation CL A 104674106 3390169 57764 SH SOLE 57764 0 0 Brink's Co. COM 109696104 3584402 40755 SH SOLE 40755 0 0 Bunge Ltd. COM G16962105 400671 3969 SH SOLE 3969 0 0 Canadian Natural Resources Ltd COM 136385101 907911 13857 SH SOLE 13857 0 0 Cardinal Health Inc. COM 14149Y108 7201253 71441 SH SOLE 71441 0 0 CarGurus, Inc. COM CL A 141788109 3786742 156736 SH SOLE 156736 0 0 Caterpillar Inc. COM 149123101 4106265 13888 SH SOLE 13888 0 0 Cemex S.A.B. de C.V. SPON ADR NEW 151290889 4433426 572055 SH SOLE 572055 0 0 Cencora Inc. COM 03073E105 7286266 35477 SH SOLE 35477 0 0 Centene Corp. COM 15135B101 5768121 77727 SH SOLE 77727 0 0 Charter Communications Inc. CL A 16119P108 4677375 12034 SH SOLE 12034 0 0 Check Point Software Tech LT ORD M22465104 6163396 40339 SH SOLE 40339 0 0 Chord Energy Corp. COM 674215207 494700 2976 SH SOLE 2976 0 0 Cisco Systems Inc. COM 17275R102 5388261 106656 SH SOLE 106656 0 0 Citigroup Inc. COM NEW 172967424 219494 4267 SH SOLE 4267 0 0 Cognizant Technology Solutions CL A 192446102 559451 7407 SH SOLE 7407 0 0 Comcast Corp. CL A 20030N101 6099842 139107 SH SOLE 139107 0 0 Commercial Metals Co. 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COM 406216101 4245854 117451 SH SOLE 117451 0 0 HCA Healthcare Inc COM 40412C101 4948572 18282 SH SOLE 18282 0 0 Health Care Select Sector SPDR SBI HEALTHCARE 81369Y209 3929108 28810 SH SOLE 28810 0 0 Humana Inc. COM 444859102 8412259 18375 SH SOLE 18375 0 0 IAC Inc. COM NEW 44891N208 3322097 63423 SH SOLE 63423 0 0 Industrial Select Sector SPDR INDL 81369Y704 3971298 34839 SH SOLE 34839 0 0 Ingles Markets, Inc. CL A 457030104 209793 2429 SH SOLE 2429 0 0 Ingredion Incorporated COM 457187102 359017 3308 SH SOLE 3308 0 0 Intel Corp. COM 458140100 377227 7507 SH SOLE 7507 0 0 InterDigital Inc. COM 45867G101 381518 3515 SH SOLE 3515 0 0 Invesco CurrencyShares Canadia CDN DLR SHS 46138T104 203909 2760 SH SOLE 2760 0 0 Invesco CurrencyShares Euro EURO SHS 46138K103 4654248 45612 SH SOLE 45612 0 0 Invesco CurrencyShares Japan JAPANESE YEN 46138W107 1240058 18843 SH SOLE 18843 0 0 Invesco Exchange Traded FD T S&P500 EQL DIS 46137V381 1293693 27207 SH SOLE 27207 0 0 iShares 0-5 Year High Yield Co 0-5YR HI YL CP 46434V407 3207791 75978 SH SOLE 75978 0 0 iShares 0-5 Year TIPS Bond ETF 0-5 YR TIPS ETF 46429B747 5412295 54897 SH SOLE 54897 0 0 iShares 1-3 Year Treasury Bond 1 3 YR TREAS BD 464287457 11412092 139104 SH SOLE 139104 0 0 iShares 20 Year Treasury Bond 20 YR TR BD ETF 464287432 1080363 10926 SH SOLE 10926 0 0 iShares 5-10yr Investment Grad ISHS 5-10YR INVT 464288638 13742040 264270 SH SOLE 264270 0 0 iShares 7-10 Year Treasury Bon 7-10 YR TRSY BD 464287440 2907604 30165 SH SOLE 30165 0 0 iShares Core MSCI EAFE ETF CORE MSCI EAFE 46432F842 5786428 82252 SH SOLE 82252 0 0 iShares Core Total U.S. Bond M CORE US AGGBD ET 464287226 3845144 38742 SH SOLE 38742 0 0 iShares DJ US Home Constructio US HOME CONS ETF 464288752 4266048 41935 SH SOLE 41935 0 0 iShares International Treasury INTL TREA BD ETF 464288117 17964911 434670 SH SOLE 434670 0 0 iShares JPMorgan USD Emerging JPMORGAN USD EMG 464288281 685851 7701 SH SOLE 7701 0 0 iShares MBS ETF MBS ETF 464288588 12741537 135433 SH SOLE 135433 0 0 iShares MSCI Emerging Markets MSCI EMRG CHN 46434G764 2227981 40209 SH SOLE 40209 0 0 iShares MSCI Global Metals & M MSCI GBL ETF NEW 46434G848 601946 13976 SH SOLE 13976 0 0 iShares S&P 500 Fund CORE S&P500 ETF 464287200 7528882 15763 SH SOLE 15763 0 0 iShares U.S. Healthcare Provid US HLTHCR PR ETF 464288828 2809020 10699 SH SOLE 10699 0 0 iShares U.S. Insurance ETF U.S. INSRNCE ETF 464288786 906530 9054 SH SOLE 9054 0 0 iShares U.S. Oil Equipment & S US OIL EQ&SV ETF 464288844 1208800 55146 SH SOLE 55146 0 0 Jabil Inc. COM 466313103 9048458 71024 SH SOLE 71024 0 0 KB Home COM 48666K109 4036915 64632 SH SOLE 64632 0 0 KLA Corporation COM 482480100 10548270 18146 SH SOLE 18146 0 0 Lam Research Corp. COM 512807108 21296056 27189 SH SOLE 27189 0 0 Lennar Corp. CL A 526057104 7558713 50716 SH SOLE 50716 0 0 Liberty Energy, Inc. COM CL A 53115L104 2000098 110259 SH SOLE 110259 0 0 LKQ Corp. COM 501889208 4564901 95520 SH SOLE 95520 0 0 M.D.C. Holdings Inc. COM 552676108 4075185 73759 SH SOLE 73759 0 0 Martin Marietta Materials Inc. COM 573284106 4453271 8926 SH SOLE 8926 0 0 Marvell Technology Inc. COM 573874104 469151 7779 SH SOLE 7779 0 0 Mastercard Inc. CL A 57636Q104 7864418 18439 SH SOLE 18439 0 0 Match Group, Inc. COM 57667L107 4782486 131027 SH SOLE 131027 0 0 McKesson Corp. COM 58155Q103 8382253 18105 SH SOLE 18105 0 0 Meritage Homes Corp. COM 59001A102 6601483 37896 SH SOLE 37896 0 0 Meta Platforms Inc. CL A 30303M102 14635538 41348 SH SOLE 41348 0 0 Microsoft Corp. COM 594918104 25113079 66783 SH SOLE 66783 0 0 Mizuho Financial Group Inc. SPONSORED ADR 60687Y109 323594 94068 SH SOLE 94068 0 0 MKS Instruments Inc. COM 55306N104 3434829 33390 SH SOLE 33390 0 0 Molina Healthcare Inc. COM 60855R100 481265 1332 SH SOLE 1332 0 0 MSC Industrial Direct Inc. CL A 553530106 1783999 17618 SH SOLE 17618 0 0 Netflix Inc. COM 64110L106 8240444 16925 SH SOLE 16925 0 0 NOV Inc. COM 62955J103 2933117 144631 SH SOLE 144631 0 0 Nucor Corp. COM 670346105 3632563 20872 SH SOLE 20872 0 0 Okta, Inc. CL A 679295105 6374036 70408 SH SOLE 70408 0 0 Old Republic International Cor COM 680223104 397841 13532 SH SOLE 13532 0 0 Oracle Corp. COM 68389X105 8405618 79727 SH SOLE 79727 0 0 Paccar Inc. COM 693718108 4341714 44462 SH SOLE 44462 0 0 Petroleo Brasileiro SA Petro SPONSORED ADR 71654V408 365937 22914 SH SOLE 22914 0 0 Progress Software Corp COM 743312100 2423626 44634 SH SOLE 44634 0 0 ProShares Short Russell2000 SHRT RUSSELL2000 74348A210 12283695 582718 SH SOLE 582718 0 0 PTC Inc. COM 69370C100 812514 4644 SH SOLE 4644 0 0 PulteGroup Inc. COM 745867101 11961030 115879 SH SOLE 115879 0 0 Qualys, Inc. COM 74758T303 5445592 27744 SH SOLE 27744 0 0 Reinsurance Group of America I COM NEW 759351604 7234154 44716 SH SOLE 44716 0 0 RenaissanceRe Holdings Ltd. COM G7496G103 6205556 31661 SH SOLE 31661 0 0 Rush Enterprises Inc Cl A CL A 781846209 3263716 64885 SH SOLE 64885 0 0 Schlumberger COM STK 806857108 5092478 97857 SH SOLE 97857 0 0 Shell PLC SPON ADS 780259305 7510412 114140 SH SOLE 114140 0 0 Shutterstock, Inc. COM 825690100 3393456 70287 SH SOLE 70287 0 0 Skyworks Solutions Inc COM 83088M102 307469 2735 SH SOLE 2735 0 0 SPDR Barclays International Co BLOOMBERG INTL 78464A151 5530645 184786 SH SOLE 184786 0 0 SPDR Barclays Short Term High BLOOMBERG SHT TE 78468R408 2120911 84364 SH SOLE 84364 0 0 SPDR Bloomberg Barclays 1-3 Mo BLOOMBERG 1-3 MO 78468R663 888311 9720 SH SOLE 9720 0 0 SPDR Bloomberg Barclays Intern BLOOMBERG INTL T 78464A516 10533734 454432 SH SOLE 454432 0 0 SPDR Portfolio Long Term Treas PORTFOLIO LN TSR 78464A664 1391045 47934 SH SOLE 47934 0 0 SPDR S&P Homebuilders ETF S&P HOMEBUILD 78464A888 1179775 12333 SH SOLE 12333 0 0 SPDR S&P Metals & Mining ETF S&P METALS MNG 78464A755 1033085 17267 SH SOLE 17267 0 0 SPDR S&P Semiconductor ETF S&P SEMICNDCTR 78464A862 1471925 6548 SH SOLE 6548 0 0 SPDR S&P Software & Services E COMP SOFTWARE 78464A599 988269 6574 SH SOLE 6574 0 0 Steel Dynamics Inc. COM 858119100 4358717 36907 SH SOLE 36907 0 0 Summit Materials, Inc. CL A 86614U100 4575625 118971 SH SOLE 118971 0 0 Suncor Energy Inc. COM 867224107 390504 12188 SH SOLE 12188 0 0 T-Mobile US Inc COM 872590104 6903168 43056 SH SOLE 43056 0 0 Taylor Morrison Home Corp. Cla COM 87724P106 4520879 84740 SH SOLE 84740 0 0 TE Connectivity Ltd. SHS H84989104 6463000 46000 SH SOLE 46000 0 0 Technology Select Sector SPDR TECHNOLOGY 81369Y803 15740822 81779 SH SOLE 81779 0 0 Tenaris S.A. SPONSORED ADS 88031M109 4321189 124315 SH SOLE 124315 0 0 Tenet Healthcare Corporation COM NEW 88033G407 2536205 33561 SH SOLE 33561 0 0 Terex Corp. COM 880779103 2560130 44555 SH SOLE 44555 0 0 Ternium S.A. Sponsored ADR COM 880890108 341077 8031 SH SOLE 8031 0 0 Textainer Group Holdings Ltd S SHS G8766E109 3181715 64669 SH SOLE 64669 0 0 Toll Brothers Inc. COM 889478103 7982877 77662 SH SOLE 77662 0 0 TRI Pointe Group Inc COM 87265H109 596101 16839 SH SOLE 16839 0 0 TripAdvisor Inc. COM 896945201 3520004 163493 SH SOLE 163493 0 0 United Rentals Inc. COM 911363109 9299152 16217 SH SOLE 16217 0 0 United States Steel Corp. COM 912909108 6625206 136181 SH SOLE 136181 0 0 UnitedHealth Group Inc. COM 91324P102 13302844 25268 SH SOLE 25268 0 0 VanEck Vectors J.P. Morgan EM JP MRGAN EM LO 92189H300 6070311 239460 SH SOLE 239460 0 0 Vanguard Russell 1000 Value ET VNG RUS1000VAL 92206C714 4072976 56148 SH SOLE 56148 0 0 Vanguard Short-Term Corporate SHRT TRM CORP BD 92206C409 2136805 27618 SH SOLE 27618 0 0 Vanguard Short-Term Inflation- STRM INFPROIDX 922020805 4212126 88695 SH SOLE 88695 0 0 Vanguard Short-Term Treasury E SHORT TERM TREAS 92206C102 759865 13027 SH SOLE 13027 0 0 Visa Inc. COM CL A 92826C839 6377273 24495 SH SOLE 24495 0 0 Wesco International Inc. COM 95082P105 5970344 34336 SH SOLE 34336 0 0 Wipro Ltd. ADS SPON ADR 1 SH 97651M109 567321 101853 SH SOLE 101853 0 0 Wix.com Ltd. SHS M98068105 5840621 47477 SH SOLE 47477 0 0 Yelp Inc CL A 985817105 3246861 68586 SH SOLE 68586 0 0